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Redfin: Home Prices Surged 7.7 Percent in August as Inventory Fell 12.4 Percent

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Hurricane Harvey sent Houston home sales down 29 percent while new listings tumbled 12 percent SEATTLE--(NASDAQ: RDFN) — Home prices in August surged 7.7 percent, the largest year-over-year price gain since May 2015, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The national median sale price was $293,000, flat from July. None of the […]

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